Types of Financial Aid
Merit-Based Academic Scholarships
| Name | Awarded | Yearly Number |
Amount |
Duration |
|
McKenna Achievement |
Yearly |
20 |
$10,000 |
Four Year Renewable |
|
Seaver Leadership |
Yearly |
5 |
Full Tuition |
Four Year Renewable |
|
Interdisciplinary Science Scholarship |
Yearly |
10 - 13 |
Full Tuition |
Four Year Renewable |
|
National Merit |
Yearly |
Varies |
$1,000 or $2,000 |
Four Year Renewable |
|
ROTC |
Yearly |
Varies |
Full Tuition |
Four Year Renewable |
Need-Based Awards
1. College Scholarships and Grants
Claremont McKenna College Scholarships are derived from gifts and endowmentsgiven to CMC by individuals or organizations for
scholarship purposes. Special applications are not necessary for these funds.
2. Federal Grants
· Federal Supplemental Educational Opportunity Grants (FSEOG) are awarded to CMC fromthe federal government to aid students with financial need as defined by federal
regulations.
· Federal Pell Grants are a direct grant from the federal government to students. This programwas designed to provide a floor upon which other financial assistance is built.
3. Grants Awarded by the State of California
The California Student Aid Commission (CSAC) awards Cal Grants on the basis of academic achievement and financial need. CMC requires all students who are California residents seeking financial
assistance to apply for a Cal Grant. To be considered for a Cal Grant, you must submit a GPA Verification form that has been certified by a high school or college official no later than March 2, to
CSAC. Forms may be obtained at your high school or college.
· Cal Grant A is awarded to needy undergraduate students for use at an approved California college or university. It is renewable for four years.
· Cal Grant B is awarded to students from economically disadvantaged backgrounds.
4. Other State Awards
States such as Pennsylvania, Vermont, and Rhode Island, offer grants that can be used to attend CMC. Students are strongly encouraged to explore their eligibility for state grants. Please contact your
individual state grant agency for more information.
5. Student Employment and Loans
A combination of loan(s) and work is expected to help pay for your education during the year. This is classified under the heading of "self-help" by most universities and colleges.
· Federal Work-Study (FWS) enables students to earn part of their financial aid award through part-time employment. FWS is a federally funded program that provides you with an opportunity to gain
valuable work experience through part-time employment while attending CMC.
· CMC Student Employment is funded by the College and is available to all students regardless of financial need.